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Property profile & analytics
OFF-MARKET
Office buildings
153 Ellis Rd Griffin, GA 30223-7150
Individually Owned
3-yr Hold
Free & Clear
Property ID
US22-0501592
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2007
Construction
WOOD
Total area
9,600 SF
Lot
1.02 ac (44,431 SF)
Zoning code
PCD
APN
066 -02-188
UPID
US22-0501592
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Carver and Asociates Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Carver & Associates Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Doug Roam · 3 yrs held
Doug Roam
since 2022
Last sale
$175,000
7 recorded transactions
Zoning & alternative use
PCD · Griffin, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Griffin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Griffin submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,258
Tax year 2023
Assessed value
$447,278
Assessed 2023
Previous assessed
$447,278
+0.0% YoY
Effective rate
3.86%
On assessed value
Assessed land
$44,431
Assessed improvement
$402,847
Land market value
$111,078
Improvement market value
$1,007,117
Total market value
$1,118,195
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Total area
9,600 SF
Lot
1.02 ac (44,431 SF)
Zoning code
PCD
APN
066 -02-188
UPID
US22-0501592
Jurisdiction
SPALDING
Zoning & alternative use
PCD · Griffin, GA
Zoning PCD · permitted uses
PCD · Griffin, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Griffin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Lot
1.02 ac
Current owner
From public records · entity-resolved
Doug Roam
Individual
Free & Clear · 3 yrs held
Mailing address
2801 LINGER LONGER DR, GREENSBORO, GA 30642-5080
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2022
—
Doug Roam
Douglas C Roam
Warranty Deed
related
—
Mar 7, 2018
—
Douglas C Roam
Roam Hospitality Group LLC
Quit Claim Deed
related
—
Jan 12, 2018
$175,000
Hospitality Group LLC
Gade,prasad V
Warranty Deed
—
Jan 12, 2018
—
Prade V Gade
Ellis Vc LLC
Warranty Deed
related
—
Apr 10, 2015
—
Ellis Vc LLC
Gade,prasad V
Warranty Deed
related
—
May 9, 2012
$225,000
Prasad V Gade
Nlp Fin LLC
Quit Claim Deed
related
—
Apr 19, 2012
$225,000
Prasade V Gade
Nlp Finance LLC
Grant Deed
—
May 19, 2011
$150,000
Nlp Finance LLC
Stol & Co INC
Trustees Deed
related
—
May 3, 2011
$150,000
Nlp Finance LLC
Stol & Co INC
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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